Question 11 5 pts Erickson Corp. issued 20,000 shares of $50 par common stock for cash at $60 per share. The journal entry would include a: credit Paid-In Capital in Excess of ParCommon Stock, $1,000,000 O debit Cash, $1,000,000 O debit Cash, $1.200,000 credit Common Stock, $200,000 Question 12 5 pts On February 20, Copper declared a $60,000 cash dividend. The journal entry would include a: credit to Cash for $60,000 credit to Cash Dividends Payable for $60,000 debit to Cash Dividends Payable for $60,000 none of these Question 13 5 pts On October 1, Pinell purchased 2,000 shares of treasury stock at $75 per share. The journal entry would include a: debit to Cash of $150,000 credit to Treasury Stock for $150,000 none of these credit to Cash for $150,000 D Question 14 5 pts The ratio that measures the income earned by each share of common stock is number of times interest charges are earned dividends per share earnings per share dividend yield Question 15 5 pts A bond that gives the bondholder a right to exchange the bond for other securities under certain conditions is called a debenture bond convertible bond term bond sinking bond Question 16 5 pts If the market rate of interest is less than the coupon rate of interest, the bonds will sell for a: face value premium discount maturity value